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Stock Traders Almanac


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#1 Chris G

Chris G

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Posted 14 December 2013 - 10:56 PM

Stock Traders Almanac
Thursday December 12th 2013
By Christopher Mistal

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At the start of December we pointed out that the first half of the month has been notoriously weak on more than one occasion; specifically in a One-Year Seasonal Pattern Chart here [http://blog.stocktra...-Strong-Finish] and then again with a December Market Probability chart here [http://blog.stocktra...I-SPY-QQQ-IWM]. Much of this weakness can be attributed to profit taking ahead of the holidays, portfolio restructuring and tax-loss selling. Weakness generally lasts until the tenth or eleventh trading day of December. Those days are not until tomorrow or next Monday.

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